- Company update
Aquisition of Red Kangaroo
The UK’s first choice indoor family activity brand, Oxygen, has announced the acquisition of regional trampoline operator, RedKangaroo. Oxygen will continue to operate RedKangaroo’s sites in Reading, Nottingham and Coventry under the RK brand with the view to integrating them into the Oxygen brand in the months ahead.
OXYGEN EXPANSION WITH RED KANGAROO ACQUISITION
RedKangaroo is Oxygen’s third acquisition in six months, following the purchase of trampoline parks in Wilmslow and Rayleigh earlier this year, and takes the company to nine locations, with the portfolio also including The O2, Croydon, Derby and Acton in West London
Oxygen was acquired by Literacy Capital Plc in July 2021, providing growth capital to support David Hill, Executive Chair, and Stephen Wilson, Managing Director, in delivering their vision to lead the consolidation of the sector while also transforming it through an enhanced customer experience.